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402/16 Porter Street, Prahran$500,000
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For Saleapartment

402/16 Porter Street

Prahran, VIC 3181, Australia
$500,000
1 bed 1 bath 1 car

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About this property

Welcome to your dream urban retreat! This beautifully designed 1-bedroom, 1-bathroom apartment offers the perfect balance of city living and tranquility. Spacious Balcony: Perfect for relaxing, entertaining, or even creating a cozy haven for your furry friend. Unmatched Convenience: Just steps from Prahran Train Station and tram stops, enjoy seamless access to Melbourne's CBD and surrounding suburbs. Vibrant Local Life: Prahran Market, Melbourne's top destination for fresh produce and gourmet delights, is just a short stroll away. Explore boutique shops, trendy cafes, and 5-star brunch spotsyour morning coffee will never be the same. Peaceful City Vibes: Tucked away from the hustle and bustle, this home offers a quiet sanctuary while keeping you close to the action. Endless Potential: Whether you're looking for your own stylish residence or a high-demand investment opportunity, this property ticks all the boxes. Live the lifestyle you've been dreaming offresh, convenient, and full of charm. This is Prahran living at its finest! Don't miss outcontact us today to arrange an inspection!

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Listed
3 months ago

Repayment calculator

$2,424/month
$1,212 /fortnight
Loan $400,000 at 6.10% over 30 years

Upfront costs

Deposit$100,000
Stamp duty$25,070
Conveyancing (est.)$2,000
Total upfront$127,070
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Prahran

This 1-bedroom apartment in Prahran, VIC 3181 sits within reach of public transport, local shops local amenities. It is listed 10% below the $555,000 median of 56 comparable apartmentswithin 5 km.

What's nearby

  • Stop 31: Chapel Street (tram)319 m away
  • The Freedom Machine295 m away
  • Unnamed240 m away
  • Grattan Gardens284 m away
  • Unnamed339 m away

Prahran at a glance

Full suburb profile
Population
12,203
Median age
34
Household income
$2,121/wk
Median rent
$421/wk
Median mortgage
$2,274/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Prahran price trend

Median sold · Unit 1 bed

Compound growth -0.3% / yr over 4 yrs

$376kcurrent median

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Price history

Price history

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1 price change recorded for this property

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